TIME
TIME
  • last year
The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause the streak of 10 rate hikes that have made borrowing for consumers and businesses steadily more expensive.

Recommended

1:42
I
Up next
US Federal Reserve raises rates to 22-year-high as it continues fight against inflation
euronews (in English)
1:12
Martin Lewis issues pension credit plea to nation as he hits out at Rachel Reeves
The Independent
4:46
Kamala Harris Makes Her Final Pitch for Voters to ‘Turn the Page’ on Donald Trump
TIME
2:04
What is Project 2025 and Where Do Trump and Harris Stand On It?
TIME
1:33
Fight breaks out at South Carolina voting site after voter told to remove ‘Let’s Go Brandon’ hat
The Independent
0:56
Abortion is on the ballot in Florida | What is Amendment 4?
The Independent
0:53
Federal Reserve Raises Interest Rates to Highest Level in Over 22 Years
Benzinga
0:31
Fed keeps key interest rate unchanged after 10 straight hikes—but it might raise it 2 more times later this year
Fortune
0:37
Federal Reserve Maintains Interest Rates, Citing 'Lack of Progress.' Sees Future Rate Hikes 'Unlikely.'
Benzinga
0:30
Fed Raises Interest Rates
Benzinga
1:58
US Fed pauses rate hikes, but warns inflation risks persist
The Star
1:31
Federal Reserve Announces Pause On Rate Hikes Amid Easing Inflation
Wibbitz Top Stories
2:59
Federal Reserve Raises Interest Rates by a Quarter of a Percentage Point
TIME
3:55
As Fed battles inflation demon with aggressive rate hikes, economy hangs in balance - 1breakingnews.
1BN-General
0:36
Fed Chair Jerome Powell Hints at Possible Interest Rate Cut in September
Benzinga
0:33
Fed Governor Michelle Bowman: The Possibility of Raising Interest Rates Still on the Table
Benzinga
0:58
Interest rates just went up 0.5%! #shorts
Bullish Studio
0:43
Druckenmiller Wary of Fed's Overdoing Rate Cuts After Jobs Data. Payrolls Increase, Lower Unemployment Shift Fed Expectations.
Benzinga
1:02
European Central Bank raises interest rates by quarter-point to fight inflation
euronews (in English)
0:33
Fed Expected to Keep Interest Rates High as Optimism Remains High for September Rate Cuts
Benzinga
1:43
Fed Put No More?
The Street
2:21
Why the Fed Should Drop Its 2% Inflation Target
The Street
1:56
High-than-expected inflation raises risk of another interest rate hike
ABC NEWS (Australia)
0:38
Fed Chair Powell Stresses Caution on Interest Rate Cuts, Stresses Need for Confidence in Inflation Trend Before Rate Cuts
Benzinga
0:32
Bank Of England Holds Rates Steady Amid Federal Reserve's 50-Basis-Point Rate Cut
Benzinga